The HomeRate Mortgage Guarantee

Quick Quotes. Low Rates. Fast Closing Times.

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This is Ben Phillips and Eric Bradshaw with HomeRate Mortgage in Chattanooga TN. New Name, New Number, same Great Service! Call us today to find out, “How much you can SAVE!” or fill out our easy “3-Step Quote” above.

Our team of mortgage experts has been saving people money for years. The question is, “How much will we Save You?” We have saved clients hundreds even thousands of dollars off their monthly payments and hundreds of thousands of dollars over the life of their mortgage with our EZ Home Refinance program.

Mortgage Rates are at 50 year historical lows, but they won’t stay this low forever! Don’t procrastinate, call one of our Mortgage Specialists for a “Free – No Cost or Obligation Quote today!”

Low Mortgage Rates also means Increased Purchasing Power! You can buy more house for your money than ever before! Chattanooga has many apartments that charge $1000+ a month to rent. Why throw away that kind of money on Rent when you can Own? Check out our mortgage calculators and see for yourself.

For Example: A $250,000 new home loan at 4.25% for 30 yrs only has a principle and interest payment of $1,229.85! However, if rates returned back to 6% the same 250,000 new home loan for 30 yrs would have a principle and interest payment of $1,498.88.

HomeRate Mortgage $1000 Guarantee!!!!

We don’t charge any lender fees, because you shouldn’t have to pay to get a mortgage.

Why Choose HomeRate Mortgage? Simple!

Many of our clients save up to $350 per month!

*Varies by client

Fast Closings possible within 30 days for most clients!

*Varies by client

Quick Mortgage Quotes.

Ensure that your family has the best home loan today! It only takes 10 minutes with a HomeRate Mortgage Rep to get your Free Quote. Our 20+ years of local experience and knowledge means you can trust HomeRate Mortgage because our team has proven they can get your new home loan Approved!

Call Us, Today!

Your Mortgage Broker Should Share Your Interests

Buying a house is a big step and can be overwhelming. The last thing you need to add to your plate is worrying if you’re getting the best deal with your mortgage broker. Here at HomeRate Mortgage, we believe the best business practice is also the one that benefits our customers the most. When you’re happy, we’re happy.

Home Loans Continuously Change Their Conditions

If you’re new to mortgages or have had one before, it is important to know that policies, requirements, and conditions are always changing. We work with you, and your individual situation, to see what the best option is and what you qualify for.
Our team of experts is always up to date, and current on any changes made in the loan process and will quickly be able to work with you towards getting your loan approved.

Mortgages Simplified And Hassle Free

Some paperwork is necessary, but we don’t believe in just getting your signature and being done. It is our pride and pleasure to make sure you understand the terms and conditions of your new home loan or refinance so nothing it left unclear. We understand how valuable peace of mind is and strive to be available for any questions or concerns throughout the whole mortgage process.

Mortgage Companies Provide Unique Solutions

If you’ve found your dream home, we want to get you into it as soon as possible. Our team of experts works around the clock to get your information, quotes, and loan approved in a streamlined way. Fast closing times is one our top priorities, and we have years of experience perfecting the approval process, so you don’t have to wait.

Mortgage Lenders Are Here To Help

Mortgages can be confusing, but it doesn’t mean you have to feel lost. A good lender will always have your best interest in mind and go over options available to you, weighing the pros and cons of each. We believe the best things happen when people work together, which is exactly what we want to do.
With a variety of channels to call, message, or contact us, you will never be far from an expert who is happy to assist in any way possible.

Mortgage Lender Expertise At Your Finger Tips

You’ve done enough work saving, budgeting, and finding your dream home. Leave the rest to us.
It is our business to know what paperwork is needed, and where to process them, to get you the loan you need. With over 20+ years of local experience, we’ve mastered the process and know how to get things done efficiently. With your basic information and a few other details to fill in the blanks, we can review your options together and help secure the best home loan for you in no time.

Let’s Make First Time Home Buyer Loans A Not So Hidden Secret

Did you know there are numerous first time homebuyer programs you can take advantage of? We’ll help you sort through them all and see which one can save you the most money.

The HRM Loan Process

Can Vary Depending on Client-Specific Variables

Get Started

In less than 10 minutes you can submit your information to get started on your quote.

Get a Quote

We receive your application and provide your quote usually in 1 business day.

Sign Documents

Accept your quote and sign the necessary documents to begin the closing process.

Underwriting

Your signed documents are sent to underwriting for processing.

Final Approval

Once your application is processed and approved, your closing date is scheduled.

HomeRate Team Mortgage Service Area Map

Introducing The Insider Secrets When Considering A Mortgage Loan

If you wish to buy your own house and obtain a conventional house loan in Limestone, TN, there are lots of things that you should know. You need to know that mortgage loans are different based on the loan company. You can’t simply apply for a mortgage loan if you do not have any idea about their conditions and terms and the other elements which will impact your repayments. This is definitely a really big investment so you can’t really make a single mistake when you’re selecting a loan. It’s a great thing that there are a lot of ways to find a loan that could fit your personal circumstances, and your present financial situation. We are going to give you some ideas on how you might find the best house loan.

The most important thing that you can do is to compare and contrast house loans by asking a loan estimate from various lenders. This loan estimate will provide you with the information that you need to understand about the features of the loan and the fees related to this. A loan estimate can also tell you the amount that you will have to pay back over the life of the loan and also the payment amounts, fees and other charges. This can offer you a customized comparison rate so you could opt for the total cost of the loans.

If a loan company will not actually provide a loan estimate, you will have to remove them from your list. This is very essential if you’d like to search for the home loan which could provide the right features and low interest rates.

If you’re trying to find a VA loan or an FHA loan, most of you are checking out the interest rate of the loan. It’s a wise decision to look at the interest rate, but there are some elements that you need to check including the fees of the loan. There are situations when the lowest interest rates can have the most expensive fees so you must look at the loan first. You might calculate the amount that you should pay monthly and the loan estimate will truly be a big help. The interest can actually change because of different elements so you could review the rates and you can ask a professional for help if you’re having a tough time understanding the fees linked to the loan.

You will need to consider your payment options when you are applying for a home loan. Most of these loans will enable you to pay it back for 15 to 30 years depending on your own preference. If you plan to select the 15-year option, the payment each month will be higher, but you could actually finish the loan faster and the total cost will be lower. If you want a lower monthly payment, you can go with the 30-year option. The only issue is that the overall cost of the loan will be higher. You should be sure that the loan providers can provide you with a flexible payment option.

These are the tips that you might follow if you want to find the best mortgage loan in Limestone, TN. Aside from these, there are other things that you should also consider like a reverse mortgage or you might decide to refinance mortgage in the future. You can speak directly with the loan providers if you wish to find out if you are permitted to do this.

ABOUT HRM

HomeRate Mortgage saves local home owners money. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.